407, Edgewater Residences 1
Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Edgewater Residences 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 11 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,379 sqft
- Floor
- 4th of 12
- Parking
- 2
- Developer
- MGS Development
- Last sold
- AED 2.63M · November 2024
- Building
- Edgewater Residences 1
About 407, Edgewater Residences 1
407 is a three-bedroom apartment of 1,379 sqft on the 4th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 11 November 2024 for AED 2,630,136, or AED 1,907 per sqft, in line with the AED 1,925 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
3-beds in Edgewater Residences 1, and where 407 sits
All 22 3-beds →407 last sold in November 2024 at AED 1,907 per sqft, in line with what three-beds in Edgewater Residences 1 were fetching at the time (AED 1,925).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Nov 202426 November 2024 | 1,365 sqft | 2,795,681 | 2,047 | ||
| 22 Nov 202422 November 2024 | 1,365 sqft | 2,640,163 | 1,933 | ||
| 22 Nov 202422 November 2024 | 1,365 sqft | 2,447,282 | 1,792 | ||
| 19 Nov 202419 November 2024 | 1,489 sqft | 2,853,559 | 1,916 |
Edgewater Residences 1
Building65 apartments, 1-bed to 3-bed over 12 floors in Dubai Islands by MGS Development . 7 sold in the last 12 months.
- Typical price per sqft
- AED 2,328
- Typical sale
- AED 1.7M
- Typical rent
- Few contracts
- Typical yield
Other units on the 4th floor
All 65 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,413 sqft | AED 2.7MAED 2,700,414 · Nov 2024November 2024 | ||
| 402 | 2-bed | 1,125 sqft | AED 2.26MAED 2,264,851 · Sep 2024September 2024 | ||
| 403 | 2-bed | 1,063 sqft | AED 2.12MAED 2,124,575 · Jul 2024July 2024 | ||
| 404 | 1-bed | 548 sqft | AED 1.12MAED 1,124,672 · Jul 2024July 2024 | ||
| 406 | 1-bed | 747 sqft | AED 1.7MAED 1,700,000 · Aug 2026August 2026 |
407, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 11 November 2024 for AED 2,630,136, or AED 1,907 per sqft.
Source: Dubai Land Department. Updated 11 November 2024.
Questions about 407, Edgewater Residences 1
What did unit 407 last sell for?
AED 2,630,136 on 11 November 2024, sold by the developer: AED 1,907 per sqft for 1,379 sqft. It is the only registered sale of the unit.
How big is unit 407?
1,379 sqft (128.1 sqm): a three-bedroom apartment on the 4th floor of a 12-storey tower.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 407, Edgewater Residences 1
Starts from the last sale price (AED 2.63M, 11 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,630,136
- Deposit, UAE resident (20%)
- AED 526,027
- Deposit, non-resident (40%)
- AED 1,052,054
- Monthly over 25 years at 3.7%
- AED 10,761
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →